If you make less than $150,000 per year, the statistics say the credit card fees you pay each year fund the credit card ^[2] rewards of the rich.

I found the following infographic on the PerkStreet ^[3] blog and it’s a real eye opener. If you’re currently making more than $150,000 per year, you’re probably enjoying the benefits of credit card ^[2] rewards but those rewards are coming from the fees of people making less than $100,000 per year.

How to fight back? Use a PerkStreet ^[3] debit card instead. By doing so, you’ll earn as much in rewards as the $150,000+ crowd without going into debt!

^[4]

So, if you make more than $150,000 consider using a card like the Discover® More® Card ^[5].

• 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 10.99% – 20.99%*
• 0% intro APR on balance transfers for 18 months, then the variable standard purchase APR of 10.99% – 20.99%*
• Earn 5% cash back on up to $1,500 in purchases at Department Stores and on all online shopping through December. It’s free and easy to sign up.
• 5% Cashback Bonus ^[5] in categories that change throughout the year like gas, restaurants, and department stores up to the quarterly maximum. Signing up each time is free and easy.*
• Discover is ranked #1 in customer loyalty –16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
• 24/7 access to a U.S.-based Account Manager within 60 seconds
• Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
• *Click APPLY NOW ^[5] to view rates, fees, rewards, limitations and other important information

But if you’re not quite at that income level, consider using the PerkStreet Debit Card ^[4] instead. The average family earns well over $600 per year in rewards without going into any credit card ^[2] debt!

• PerkStreet ^[3] Financial offers up to 5% cash back on debit card purchases – one of the best debit card rewards programs in the nation!
• Earn 1% always, 2% on select online purchases and 5% where you choose
• The average American will earn $600 every year in cash back
• No monthly maintenance fees
• Free online bill pay
• Easy electronic transfers
• 24/7 customer support

Stop lining the pockets of those who really don’t need the money. Switch to PerkStreet ^[3] and get your own cash back!

About the author

Ron has written 1080 articles on The Wisdom Journal.

The founder and editor of The Wisdom Journal ^[6] in 2007, Ron has worked in banking, distribution, retail, and upper management for companies ranging in size from small startups to multi-billion dollar corporations. He graduated Suma Cum Laude from a top MBA program and currently is a partner in a national building materials company.

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